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unemployment falls..

Steve

Well-known member
unemployment falls.. Really? more like employment fails...

While by now everyone should know the answer, for those curious why the US unemployment rate just slid once more to a meager 5.9%, the lowest print since the summer of 2008, the answer is the same one we have shown every month since 2010: the collapse in the labor force participation rate, which in September slid from an already three decade low 62.8% to 62.7% - the lowest in over 36 years, matching the February 1978 lows.

And while according to the Household Survey, 232,000 people found jobs, what is more disturbing is that the people not in the labor force, rose to a new record high, increasing by 315,000 to 92.6 million!

sure we can drop the unemployment rate.. just stop counting those who are unemployed...
 

Steve

Well-known member
hypocritexposer said:
less people employed now, than when Bush was President...OT thinks it's a success.

but what about all the folk who are supposed to enter the labor force every year... high school graduates, college graduates,.. the drop outs,.. legal immigrants, illegal immigrants.. old folk with no money who have to work to make ends meet,... ect?

that has to add up to alot of folk each year... are we even keeping up?
 

Brad S

Well-known member
New would be entrants to the labor force can't be unemployed until they're first employed.

It's a fact the labor force is much smaller and shrinking - I don't care what lie the party wants to trot out. So is per capita income.

OT would have us believe those lazy negroes are just refusing to work because there is plenty work to be had in his red state.
 
A

Anonymous

Guest
loomixguy said:
Is Big Willy's hiring?


Actually last I heard Big Willy's was hiring:
http://bigwillyssaloon.com/

Not sure if you slow moving southerners could keep up with all the immigrant help that want to work- especially with the snowballs flying now..... :wink:

ND has 2.89 jobs available per unemployed worker

October 27, 2014 102 Views


Lydia Gilbertson | Shale Plays Media

It’s not news that North Dakota is thriving economically. The state has seen more growth and prosperity than any other state in the country during what otherwise has been a financial depression. An article in Petro Global News explores workforce statistics and claims that North Dakota has the lowest unemployment rate in the nation by a fairly wide margin. The United States as a whole averages at a 5.9 percent unemployment rate. North Dakota had a 2.8 unemployment rate as of September.

This is not only because of energy jobs. Literally the entire state is hiring. According to NDworkforceintelligence.com, counties that aren’t in the Bakken shale area such as Cass and Grand Forks have a substantial amount of job openings as well. A study that counted only the jobs listed online in the state claims that for every unemployed worker, there are 2.89 jobs available. The average income for citizens has also risen a significant amount, 93 percent in the past 10 years, to $57,000 per year. The “Find the Good Life” campaign launched by the state earlier this year hopes to attract more able workers to the area to populate its work force.
 

TexasBred

Well-known member
Oldtimer said:
loomixguy said:
Is Big Willy's hiring?


Actually last I heard Big Willy's was hiring:
http://bigwillyssaloon.com/

Not sure if you slow moving southerners could keep up with all the immigrant help that want to work- especially with the snowballs flying now..... :wink:

Slow moving? Don't let the "drawl" fool you puss gut. Most southerners can think and act faster than you can tell a lie...and that's dam fast !!!!!
 
A

Anonymous

Guest
TexasBred said:
Oldtimer said:
loomixguy said:
Is Big Willy's hiring?


Actually last I heard Big Willy's was hiring:
http://bigwillyssaloon.com/

Not sure if you slow moving southerners could keep up with all the immigrant help that want to work- especially with the snowballs flying now..... :wink:

Slow moving? Don't let the "drawl" fool you puss gut. Most southerners can think and act faster than you can tell a lie...and that's dam fast !!!!!

Well if all you Texahomans that whine about being out of work really want to work you should move to where there is work/jobs !


Natural Gas Next In The Bakken
Tuesday, October 28th 2014
Original story in Minneapolis Star Tribune

The next natural resource coming out of the Bakken could be natural gas.

Less profitable than oil and more difficult to transport, natural gas has been so secondary in North Dakota that drillers still burn off more than a fourth of what rises from the ground.

A quiet transformation is underway, however, as the state bids to turn natural gas into a native business and drive down flaring.

A growing network of pipelines and processing plants has made North Dakota a recent target for billions of dollars of investment toward factories that convert natural gas into other products like fertilizer and plastic.

Cullen Goenner, an economist at the University of North Dakota, says it's a natural progression to start using the other resources in the area.

A group called Badlands NGL announced in a news conference with Gov. Jack Dalrymple two weeks ago that it wants to convert cheap, abundant ethane into polyethylene, the raw material of plastic bags and bottles. The $4 billion factory would churn out rail car loads of the tiny, milk-white plastic beads.
 
A

Anonymous

Guest
loomixguy said:
And the price of natural gas continues to drop.... :???: :???: :???:

Yep along with the price of gas- which makes us northern states calves and wheat worth more every day !!! :D
 

TexasBred

Well-known member
Oldtimer said:
Well if all you Texahomans that whine about being out of work really want to work you should move to where there is work/jobs !

Whining?? Have you checked our unemployment rate?? The number of actual "REAL" jobs created...fulltime jobs?? You rant and brag about the Bakken out of one side of your mouth and bytch about the workers in the oil field out of the other side....don't forget....we have the Eagle Ford (100,000 people employed) and the Permian Basin (140,000 people employed) both larger than the Bakken. 155,000 producing wells in the Permian Basin alone....Maybe now that you folks are beginning to realize what a little bit of oil and gas can do for your economy you'll be a bit more agreeable to a bit of fracing, a few loud trucks and a bit of noise at the local watering hole, odors and dust and a few potholes. Might want to hide your daughter though.... she might decide to get in on the and wallar for a dollar with some of that oilfield trash. Get some hybrid vigor going in the bloodline again.
 

Steve

Well-known member
If liberals would get over their disdain for oil.. and fracking,.. the jobs could be spread out to many new areas... and our country would be well on it's way not only to energy independence,.. but to a bustling economy...

but OT's buddy doesn't like, oil,.. coal and jobs..


but hey,.. as long as things is good up there.. why care about the poor in the rest of the country... ?



Unemployment Among Black Youth 393% Higher Than National Rate

(CNSNews.com) – The black youth unemployment rate for ages 16-19 is 393% higher than the national unemployment rate, according to data released today by the Bureau of Labor Statistics (BLS).

The unemployment rate is the percentage of people in the labor force who do not have a job. To be in the labor force a person must either have a job or actively sought one in the last four weeks.

Additionally, the participation rate for black youth has decreased from 29.4 percent in September to 27.3 percent in October, a decrease of 2.1 percentage points.

but If the liberals want to say..f--- --- to the blacks as longs as they have their own jobs and security. ... then we will continue to see unrest and racial tensions...


but then maybe that is the liberals plan all along..
 

Whitewing

Well-known member
TexasBred said:
Oldtimer said:
Well if all you Texahomans that whine about being out of work really want to work you should move to where there is work/jobs !

Whining?? Have you checked our unemployment rate?? The number of actual "REAL" jobs created...fulltime jobs?? You rant and brag about the Bakken out of one side of your mouth and bytch about the workers in the oil field out of the other side....don't forget....we have the Eagle Ford (100,000 people employed) and the Permian Basin (140,000 people employed) both larger than the Bakken. 155,000 producing wells in the Permian Basin alone....Maybe now that you folks are beginning to realize what a little bit of oil and gas can do for your economy you'll be a bit more agreeable to a bit of fracing, a few loud trucks and a bit of noise at the local watering hole, odors and dust and a few potholes. Might want to hide your daughter though.... she might decide to get in on the and wallar for a dollar with some of that oilfield trash. Get some hybrid vigor going in the bloodline again.

Back in the Bush days, OT didn't like the oil industry. They held secret meetings in the White House and weren't paying their fair share of expenditures in infrastructure and whatever other anal idea he could pin on them.

Today, they're just hunky dory.

As for your hybrid vigor comments, I feel like I need a shower.
 

Brad S

Well-known member
First, the ng production is up because the PIPELINES are connecting the wells so they don't flare as much off.

Second, the oil production in the Bakken is impressive and will always be inferior to the eagle ford.

Third, new Bakken production is lagging because it costs more than $65 to produce oil in the Bakken. Remember when oil was south of $10 during the Klinton administration? Do you think that was merely the equilibrium point on the demand curve or the Saudies shutting down oil production in the US. The current Bakken play is the fourth boom in the Bakken. Fracking is old technology, it's only the directional drilling that is new. As I understand it, all the OPEC countries can produce much cheaper than the Bakken (the Saudies can produce for a few dollars a barrel), and with the lower crude prices they need to expand production to maintain revenue. Bakken production could struggle for awhile.
 

Mike

Well-known member
TexasBred said:
Oldtimer said:
Well if all you Texahomans that whine about being out of work really want to work you should move to where there is work/jobs !

Whining?? Have you checked our unemployment rate?? The number of actual "REAL" jobs created...fulltime jobs?? You rant and brag about the Bakken out of one side of your mouth and bytch about the workers in the oil field out of the other side....don't forget....we have the Eagle Ford (100,000 people employed) and the Permian Basin (140,000 people employed) both larger than the Bakken. 155,000 producing wells in the Permian Basin alone....Maybe now that you folks are beginning to realize what a little bit of oil and gas can do for your economy you'll be a bit more agreeable to a bit of fracing, a few loud trucks and a bit of noise at the local watering hole, odors and dust and a few potholes. Might want to hide your daughter though.... she might decide to get in on the and wallar for a dollar with some of that oilfield trash. Get some hybrid vigor going in the bloodline again.

One. Great. Post.
 

Mike

Well-known member
Whitewing said:
TexasBred said:
Oldtimer said:
Well if all you Texahomans that whine about being out of work really want to work you should move to where there is work/jobs !

Whining?? Have you checked our unemployment rate?? The number of actual "REAL" jobs created...fulltime jobs?? You rant and brag about the Bakken out of one side of your mouth and bytch about the workers in the oil field out of the other side....don't forget....we have the Eagle Ford (100,000 people employed) and the Permian Basin (140,000 people employed) both larger than the Bakken. 155,000 producing wells in the Permian Basin alone....Maybe now that you folks are beginning to realize what a little bit of oil and gas can do for your economy you'll be a bit more agreeable to a bit of fracing, a few loud trucks and a bit of noise at the local watering hole, odors and dust and a few potholes. Might want to hide your daughter though.... she might decide to get in on the and wallar for a dollar with some of that oilfield trash. Get some hybrid vigor going in the bloodline again.

Back in the Bush days, OT didn't like the oil industry. They held secret meetings in the White House and weren't paying their fair share of expenditures in infrastructure and whatever other anal idea he could pin on them.

Today, they're just hunky dory.

As for your hybrid vigor comments, I feel like I need a shower.

You said a mouthful. Pin points how feeble his arguments always are.
 

loomixguy

Well-known member
"Waller for a dollar". ROTFLMFAO!!! :lol: :lol: :lol:

Heck, from what I've heard, getting some hybrid vigor from oilfield trash might be an improvement, considering the local talent that's available in Valley county.
 

TexasBred

Well-known member
loomixguy said:
"Waller for a dollar". ROTFLMFAO!!! :lol: :lol: :lol:

Heck, from what I've heard, getting some hybrid vigor from oilfield trash might be an improvement, considering the local talent that's available in Valley county.

Might straighten up some of that flicked up line breeding...aka Inbreeding. Been going on so long though it would probably take ages to add another branch to the family tree.
 
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